Economics
Dollar Seen Going Through the Roof as Repatriation Flows Kick In
A U.S. tax overhaul could trigger a comeback in the dollar after an 8 percent selloff this year, according to Bank of America Corp.
Nomura's Rochester Sees Downside for the U.S. Dollar
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A U.S. tax overhaul could trigger a comeback in the dollar after an 8 percent sell-off this year, according to Bank of America Corp.
The beleaguered greenback will probably rally in the first quarter as U.S. companies repatriate cash parked overseas, David Woo, the bank’s head of global rates, FX and EM fixed-income strategy and economics, said at a press briefing in New York on Tuesday.